FAX: (508) 548-2400

TEL: (508) 747-0080

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Bed & Breakfast For Sale: $980,000

Location:

1 Main Street,  Falmouth, Massachusetts

Property Description:

A classic Bed & Breakfast located in a stately residential section of Main Street just minutes away from the "Walking District" of downtown Falmouth. This Investment/business property is a three-story 3,600 s.f, 7 bedrooms Inn all with full baths and roomy owner’s quarters.  This is the essence of the romantic get-away.

Building Area:

3,600 +/- square feet

Construction:

Wood Frame - Victorian

Land Area:

.38 Acres   

Property Taxes:

$4,507 (2007)

Zoning:

GR

Room Rates

$145 to $225 (in season)

Water:

Municipal

Sewer:

Septic Title 5 approved

Gas:

Gross Income:

Yes

$120,000

Heat:

Air Conditioning:

Oil Steam 1 Zone

Yes

Miscellaneous:

Detached two car barn with rear storage and workshop section. Main house has a full basement, Gracious landscaping and underground sprinklers’, paved parking for 8 vehicles

Building Features:

Well maintained property, hardwood floors through most of house, high ceilings, lots of windows

Additional Notes:

This is a turnkey business and the current owners will train the buyers.

The 33% occupancy rate presents higher income potential. The residential property value is already assessed at $858,600, making the fact that it comes completely furnished and stocked a real value.  It is a lifestyle business with many tax advantages.

Property may have conversion potential for offices or, possibly, two or more residential condominiums.

Income & Expense available after a Confidentiality Agreement is signed.

Contact:

Stephen Kauffman

Phone:

(508) 747-0080

Email:

shk@seawatchrealty.com

Mobile:

(617) 429-3257

Sea Watch Realty, 359 Main Street, Falmouth, MA

All information furnished regarding property or businesses for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and information is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale or lease, or withdrawal without notice. Inquiring parties should make judgments and decisions based solely on their own Due Diligence. Unless otherwise advised, all Sea Watch Realty, Inc. Brokers and Salespersons represent the seller or lessor, not the buyer or lessee, in the marketing, negotiating, sale or lease of property.